Spencer Adam Neumann Sells 9,253 Shares of Netflix (NASDAQ:NFLX) Stock

Netflix, Inc. (NASDAQ:NFLX) CFO Spencer Adam Neumann sold 9,253 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $88.95, for a total value of $823,054.35. Following the completion of the sale, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $6,563,353.65. This represents a 11.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Spencer Adam Neumann also recently made the following trade(s):

• On Thursday, April 2nd, Spencer Adam Neumann sold 28,630 shares of Netflix stock. The stock was sold at an average price of $98.00, for a total value of $2,805,740.00.
• On Monday, March 2nd, Spencer Adam Neumann sold 28,630 shares of Netflix stock. The stock was sold at an average price of $97.00, for a total value of $2,777,110.00.
• On Friday, February 27th, Spencer Adam Neumann sold 57,260 shares of Netflix stock. The stock was sold at an average price of $95.50, for a total value of $5,468,330.00.
• On Friday, February 6th, Spencer Adam Neumann sold 9,248 shares of Netflix stock. The stock was sold at an average price of $81.27, for a total value of $751,584.96.

Netflix Stock Performance

Shares of NFLX opened at $87.45 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The business’s 50 day moving average price is $95.44 and its 200-day moving average price is $96.08. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The stock has a market cap of $368.22 billion, a P/E ratio of 28.25, a P/E/G ratio of 1.12 and a beta of 1.55.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The firm had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.17 billion. During the same period in the previous year, the firm posted $6.61 EPS. The business’s revenue for the quarter was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities research analysts anticipate that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

NFLX has been the topic of several analyst reports. Wedbush reaffirmed an “outperform” rating and issued a $118.00 price objective on shares of Netflix in a research report on Thursday, April 16th. The Goldman Sachs Group raised Netflix from a “neutral” rating to a “buy” rating in a research report on Monday, April 13th. Rothschild & Co Redburn set a $120.00 price objective on Netflix in a research report on Wednesday, January 21st. Wells Fargo & Company initiated coverage on Netflix in a research report on Monday, March 9th. They issued an “equal weight” rating and a $105.00 price objective on the stock. Finally, Moffett Nathanson upped their price objective on Netflix from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fifteen have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $114.82.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Strong early reviews for Netflix’s new drama Remarkably Bright Creatures suggest a programming win that could help engagement and subscriber retention. Remarkably Bright Creatures Review
• Positive Sentiment: Recent analyst commentary remains constructive, with several firms maintaining or raising price targets and broader coverage still pointing to a “Moderate Buy” view. Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?
• Neutral Sentiment: Warner Bros. Discovery’s large quarterly loss included a $2.8 billion Netflix-related termination fee, but this is primarily an M&A accounting item for WBD rather than a direct operating signal for Netflix. WBD Logs $2.92B Loss
• Neutral Sentiment: Jim Cramer said Netflix is “not a buy, buy, buy,” reflecting caution around competition in streaming, but it was more of a valuation/positioning comment than a formal downgrade. Jim Cramer on Netflix
• Negative Sentiment: CEO Gregory K. Peters sold 27,312 shares and CFO Spencer Adam Neumann sold 9,253 shares on May 7, adding to recent insider selling and likely weighing on investor sentiment. Netflix Insider Selling
• Negative Sentiment: Technical and trading commentary points to continued weakness after the recent pullback, with the stock still below key moving averages and some investors questioning near-term upside. Is It Time To Reassess Netflix?

Institutional Investors Weigh In On Netflix

A number of hedge funds have recently added to or reduced their stakes in the stock. Pacific Sun Financial Corp raised its stake in Netflix by 3.4% during the 1st quarter. Pacific Sun Financial Corp now owns 6,281 shares of the Internet television network’s stock valued at $604,000 after buying an additional 208 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Netflix by 9.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,689,036 shares of the Internet television network’s stock valued at $162,401,000 after buying an additional 140,389 shares during the last quarter. Oslo Pensjonsforsikring AS purchased a new stake in Netflix during the 1st quarter valued at $1,370,000. Mathes Company Inc. raised its stake in Netflix by 38.6% during the 1st quarter. Mathes Company Inc. now owns 15,910 shares of the Internet television network’s stock valued at $1,530,000 after buying an additional 4,430 shares during the last quarter. Finally, Wilkerson Advisory Group LLC raised its stake in Netflix by 174.2% during the 1st quarter. Wilkerson Advisory Group LLC now owns 998 shares of the Internet television network’s stock valued at $96,000 after buying an additional 634 shares during the last quarter. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

About Netflix

Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.